Centerra Gold has beaten EPS estimates in each of its past four reported quarters. Its September-quarter results will show whether that streak continues. Analysts expect earnings to rise but revenue to fall.
Centerra Gold Inc. (TSX: CG) is scheduled to report results after markets close on October 29, 2026, for the quarter ended September 30. Five analysts expect EPS of C$0.51, with estimates ranging from C$0.37 to C$0.84. That would be 54.4% higher than the C$0.33 reported a year earlier. One analyst expects revenue of US$322.16 million, down 18.5% year over year. With earnings and revenue pointing in different directions, investors will want to look beyond the headline EPS figure. See the Centerra Gold stock page for more company and share information.
Recent earnings trend
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Centerra Gold Inc
CG.TO
CG.TO
Centerra Gold Inc
WealthAwesomeMarket cap
$5.67B
P/E
6.6x
Div. yield
0.71%
Div. / share
$0.20
52W high
$33.94
52W low
$15.41
1W change
-9.23%
Beta
1.60
Analyst Price Targets
Based on analyst covering CG · as of Oct 27, 2026
Wall Street analysts forecast CG stock price to rise 18.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.66
+18.9% Upside
Previously C$33.62 on Oct 26, 2026
Current Price
C$28.32
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CG's historical volatility
30-Day Vol
41.2%
Annualized
90-Day Vol
48.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$34.13
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$30.30 | C$26.29 – C$34.93 |
| 60 trading days | C$32.16 | C$26.31 – C$39.31 |
| 90 trading days | C$34.13 | C$26.69 – C$43.65 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-29 | — | 0.3400 | — |
| 2026-06-30 | 2026-07-28 | 0.3900 | 0.3800 | +2.6% |
| 2026-03-31 | 2026-04-29 | 0.4400 | 0.4300 | +2.3% |
| 2025-12-31 | 2026-02-19 | 0.4100 | 0.3700 | +10.8% |
| 2025-09-30 | 2025-10-28 | 0.3300 | 0.2500 | +32.0% |
| 2025-06-30 | 2025-08-06 | 0.2600 | 0.1800 | +44.4% |
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Investor takeaway: The EPS outlook is encouraging, but the revenue forecast is weaker and based on just one analyst. Centerra beat EPS estimates in each of its past four comparable quarters: C$0.39 versus C$0.38 in June, C$0.44 versus C$0.43 in March, C$0.41 versus C$0.37 in December 2025, and C$0.33 versus C$0.25 in September 2025. That track record doesn’t guarantee another beat. The current EPS consensus has also slipped from C$0.53 to C$0.51 over the past 30 days, despite two upward revisions and one downward revision. Investors should compare earnings with revenue and management’s explanation of the quarter, rather than treating an EPS beat as the only measure of performance.
C$0.51 EPS consensus
Five analysts expect Centerra to earn C$0.51 per share for the quarter ended September 30, up from C$0.33 a year earlier. The estimate has eased from C$0.53 over the past 30 days. The revenue forecast of US$322.16 million implies an 18.5% decline and comes from just one analyst.
Bull case
Centerra’s four-quarter EPS beat streak and expected 54.4% year-over-year earnings growth make the near-term outlook encouraging. Estimates range from C$0.37 to C$0.84, leaving room for results above the current C$0.51 consensus.
Beyond this quarter, Centerra’s October agreement with Azimut Exploration gives it the option to earn up to a 70% interest in two Quebec exploration properties. The option depends on exploration spending, cash payments and other milestones, so it’s a long-term opportunity, not an immediate earnings driver. Centerra reports a 36.92% profit margin and a 0.70% dividend yield, but neither figure guarantees future results.
Bear case
The revenue consensus points to an 18.5% year-over-year decline. It’s based on just one analyst, so the forecast is both cautious and thinly supported. EPS consensus has also fallen from C$0.53 to C$0.51 over the past month.
Shares closed at C$28.32, below their 50-day moving average of C$31.26, after falling 11.14% in one month. They remain above their 200-day average of C$26.11. These figures describe recent trading, but don’t explain the decline or predict what comes next.
Gold miners face operating and commodity-price risks. The available information doesn’t include production, cost or margin guidance for this quarter. So an EPS beat alone may not tell the full story if revenue or operating performance disappoints.
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